Rental Properties

Loudoun Mutual insures a wide variety of risks in our Insurance Programs for Rental Properties. In addition to rental dwellings, the program may also be used to insure dwellings which are owner occupied but may not be eligible for the homeowner program. We have developed different rating tiers to accommodate a wide variety of dwelling risks, such as:

vacant dwellings

seasonal or secondary dwellings

dwellings under construction or renovation

dwellings owned by LLC's

student housing risks

mono-line policies (we do not require you to insure your primary owner-occupied dwelling with Loudoun Mutual)

Other Loudoun Mutual Program Enhancements for Rental Properties

Mobile Homes may be insured and replacement cost is available in some instances

Limited Earthquake Coverage

Loudoun Mutual offers a unique and less expensive way to insure against the peril of earthquake. The Limited Earthquake Endorsement will pay up to $50,000 for direct physical loss to your covered dwelling and other structures caused by earthquake. A $2,500 deductible applies.

Home Systems Protection and Service Line Coverage Enhancements

Coverage may be added to your policy for sudden and accidental mechanical or electrical breakdown of your home's built in systems and equipment, such as HVAC equipment, electrical panel, and permanently installed appliances. $50,000 coverage is provided for any one accident and a $500 deductible applies per accident. In addition, Service Line Coverage is provided for repair costs of damage to a variety of underground piping (except gas piping) and wiring that is located on your insured premises and owned by you. We will pay up to $10,000 for any one service line failure with a $500 deductible applying. Take a look at the Rental Property Systems Protection and Service Line Coverage Brochure to learn more!

There is a Loudoun Mutual agent in your area ready to help you become a policyholder; contact one today!

This summary is intended for informational purposes only and does not modify or invalidate any of the provisions, exclusions, terms or conditions of the policy and endorsements. For specific terms and conditions, please refer to the coverage form.